This is money for NOW.
By the way, she is Iranian.
No, she's not Iranian. She was born in Iran to American parents; father's a doctor, now living in the same posh neighborhood as O's mansion, and was working for some NGO in Iran at the time.
Her father's AA, and she's been Michelle's best bud since she first gave her a job in Daly's machine. Jarrett went on to the board of the UC Med Center, and Michelle, along with O's other cronies, followed. Jarrett's known as a "Chicago insider," with a lot of clout, and is one of O's "inner circle," and he owes her, big time.
I wonder what the salary and benefits for this useless position is, and whether it meets or exceeds that of US Senator? We'll never know, I guess, since it's yet another Executive position responsible to no one but teleprompter man.